805 Main Street
Watertown, CT 06779
7
Bed
3
Bath
2,688Sqft
0.16Acre(Lot)
Rare opportunity to acquire a well-maintained 28-unit multifamily portfolio spanning 8 buildings across 4 tax parcels in Watertown, CT. The portfolio includes 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58 and 68 Atwood Court, and 805 Main St. Under single ownership for five years, the current owner has completed significant capital improvements including new roofs, siding, and porches throughout, with the majority of units already renovated. At 96.4% occupancy, long-term tenants have kept rents below market, creating immediate upside as units turn over. Current rents generate $32,665/month across a diversified mix of 1, 2, and 3 bedroom units. At $3,668,000 ($131K/door), the property delivers a 7.54% in-place cap rate on current signed leases. Watertown boasts a median household income of
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 13 Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Cooling: None
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Building Information
Year Built: 1909 Building Area Total: 2688 Construction Materials: Shingle Siding, Wood Siding, Frame Private Pool: No View: City
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Lot Information
Lot Size Acres: 0.16 Lot Description: Level
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Listing Price Information
Listing Price: $3668000
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Tax Information
Parcel Number: 911308 Annual Tax: $5244
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School Information
Elementary School: Fletcher W. JudsonJunior High School: SwiftSenior High School: Watertown -
Location Information
Direction: GPS Friendly. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 254 Davis Street, Watertown, CT, 06779 | $499,990 | 6 | 3 | 2,016 | 2,016 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/04/2026 @ 12:20
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